US Inflation Eases, Consumer Prices Flat in January 2013

US inflation eased a bit over the past year as consumer prices overall stayed flat in January 2013, the US government reported Thursday in Washington.

Costlier housing, vehicles, clothing and airline fares were offset by lower energy prices, a situation likely to reverse itself in February with gasoline surging in recent weeks. Continue reading US Inflation Eases, Consumer Prices Flat in January 2013